I've been bullish LEI since last September. This has been in the face of alot of bearish broker's opinions.
The setup here is quite straight forward for those that can analyse volume. The first day marked broke higher but closed lower. One may immediately think that this was a false breakout. The problem is that it closed well off its lows and did so on high volume. This can only mean that buyers kept it off its lows. If it was selling volume then it would've closed on its lows. Secondly, if it were true selling then the next day it should have continued lower. It didn't. It actually traded up off its open and closed on its high, again on very high volume. Buyers are in complete control. Yesterday saw a good volume increase and another close on its high. Buyers still have the upper hand. I'll be removing half the position a little over $20.00 if it gets there.
These are my current trading positions in this account.